News #Iran

The United States on Wednesday released the official text of the memorandum of understanding reached over the weekend with Iran.

The Strait of Hormuz will be “completely open” from Friday after a deal between Iran and the US to end the Middle East war that limited shipping in the critical bottleneck

Iran delivered a new proposal for peace talks with the US via mediator Pakistan, state media reported Friday, with negotiations between the two sides frozen despite a weeks-long ceasefire.

US Defense Secretary Pete Hegseth said on Friday that a US blockade on Iran is going global, adding Tehran had a chance to make a “good deal” with Washington.

Oil prices rose Wednesday, as Iran claimed to have seized two ships in the Strait of Hormuz shortly after President Donald Trump extended the ceasefire.

Commercial vessels attempting to cross the Strait of Hormuz on Saturday received radio messages from Iran’s navy telling them they were not allowed to pass

A convoy of oil tankers was crossing the Strait of Hormuz on Saturday, the first major movement of ships in the crucial waterway since the US and Israel launched their war on Iran

US and Iranian negotiators held their highest-level talks in half a century in Pakistan on Saturday to try to end their six-week war

Prime Minister Benjamin Netanyahu said on Friday that Israeli strikes have destroyed about 70 percent of Iran’s steel production capacity, significantly hindering its ability to manufacture weapons.

Ukrainian President Volodymyr Zelenskyy in remarks made public Friday said his country could help unblock the Strait of Hormuz, whose closure by Iran has rattled the global economy.

Ship-refuelling companies along Africa’s coastline are seeing a surge in demand as global shipping routes shift away from the Middle East, boosting the continent’s role as a key bunkering hub.

Nigerian billionaire Aliko Dangote’s refinery is being flooded with inquiries as African governments scramble to secure fuel supplies after the Iran war disrupted flows.